World Footwear

News

Former Nike Executive Emma Minto joins Crocs

Feb 3, 2021 / United States
The brand of casual footwear for women, men and children, announced that Emma Minto was hired as Senior Vice President and General Manager, overseeing all Crocs operations for America

Ferragamo: consolidated revenue down by 33.5%

Feb 3, 2021 / Italy
The Florence-based group has announced preliminary consolidated revenue figures for financial year 2020. Ferragamo's consolidated revenue was down by 33.5% in 2020

London Fashion Week February 2021 to go ahead with no live audience

Feb 3, 2021 / United Kingdom
The event due to run from Friday 19th to Tuesday 23rd will be able to go ahead as digital-only event. Shows, presentations and installations can be filmed and photographed but should not take place with an invited audience

How is the footwear industry in Europe working towards a circular economy?

Feb 2, 2021 / Portugal
The European Union (EU) project LIFE GreenShoes4All is working towards the implementation of a Product Environmental Footprint (PEF) methodology for footwear by analysing the PEF of 30 EU representative shoe styles and developing new approaches to recycling polymeric waste materials and developing innovative recycled materials and components with high performance

ARKET stars childrenswear collection's rental service

Feb 2, 2021 / Sweden
The Nordic lifestyle brand, part of the H&M group, is offering a new rental service for its children’s collection in partnership with Amsterdam-based online shop and clothing subscription Circos

JD Sports Fashion to acquire US-based DTLR

Feb 2, 2021 / United States
The UK-based retailer of sports, fashion and outdoor brands, announces it entered into a conditional agreement for the acquisition of 100% of DTLR Villa LLC, a US-based lifestyle retailer with roughly 250 stores in 19 states

Japan Retail: YoY November retail sales could be misleading for 2021 forecasts

Premium Content Feb 1, 2021 / Japan
Looking at the most recent Year-on-Year retail sales variation in Japan can be quite misleading for any forecast, as retail sales in October-November seem to have been scarcely affected by the new COVID-19 outburst, when compared to 2019. In the same period the price indexes also showed little or no reaction to the pandemic, as they are at the same level as one year ago. The concern comes from a consumer confidence indicator which began to fade away in December

H&M Group reports sales down by 18%

Feb 1, 2021 / Sweden
The Sweden-based fashion group announced net sales amounting to 187 031 million Sweden Krona (22.45 billion US dollars) in the 2020 financial year. In local currencies, net sales decreased by 18%

Asos buys Topshop and other Arcadia's brands

Feb 1, 2021 / United Kingdom
The deal includes Topshop, Topman, Miss Selfridge and HIIT. The brands were for sale after the Arcadia group collapsed into administration by the end of 2020

Portuguese Footwear Industry hosts Environmental Responsibility Week

Jan 29, 2021 / Portugal
APICCAPS, the Portuguese Footwear Association, and CTCP - Portuguese Footwear Technological Centre are organising a week of events dedicated to Environmental Responsibility. 150 specialists will gather online to discuss an array of relevant topics

Sam Edelman debuts new slipper collection

Jan 29, 2021 / United States
Designed bearing in mind the customers changing lifestyle, Sam Edelman is presenting a collection of seven styles featured in an array of luxe faux fur, soft knit, faux shearling and satin materials

Ireland: retail sales up by 14.3% in December

Jan 29, 2021 / Ireland
The volume of retail sales increased by 14.3% in December 2020 when compared to November 2020 on a seasonally adjusted basis. Data is from Ireland's Central Statistics Office (CSO)

Li Ning’s unit Viva China to acquire majority stake at Clarks

Jan 29, 2021 / United Kingdom
The Chinese gymnast-turned-businessman Li Ning is about to take control of the British shoemaker less than a month after Clarks sold a majority stake to the Hong Kong-based private equity firm LionRock Capital, of which Li is Non-Executive Chairman

Argentina: recovery is still far away

Economic activities are operating in Argentina, with some restrictions given the need to constrain the diffusion of COVID-19 in the country. The deep contraction of footwear consumption is one of the main issues for the industry, according to the Chamber of the Footwear Industry

Pakistan: decline in foreign orders, but domestic market is doing well

Premium Content Jan 28, 2021 / Pakistan
We spoke with the Pakistan Footwear Manufacturers Association (PFMA) to understand how the COVID-19 pandemic is impacting the footwear industry in the country. Footwear companies focused on the internal market are performing better than exporting ones
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